Commercial Property Examples

 

• Cleared site with planning permission for 14 apartments, 2,152 sq ft restaurant use and 1,591 sq ft office space
• Planning obtained for further 21,000sqft office development, GDV circa £9m

 

 

 

 

 

• Freehold block of 11 apartments
• Planning application submitted and granted for an additional storey to contain 4 new apartments
• GDV circa £1.2m

 

 

 

 

• Cheyne Walk London – high end refurbishment
• Solved significant problems with service charge and outstanding debts of the vendor
• Dealt with HMRC and other creditors and made the property saleable
• Traded in 3 months from purchase

 

 

 

 

• Ground Rent portfolio worth estimated £5m
• Predominantly London and Home Counties
• Partnership with ground rent and land managers
• Maximised income from property from insurance, small works, refurbishment and lease restructuring/renewals/alterations
• Also obtained planning permission where possible for new development

 

• 26 residential properties sourced and bought in Stratford area over 6 month period
• 2 commercial buildings bought on Stratford Gyratory
• Total asset value before sale of approximately £7m
• Portfolio asset managed by renting, refurbishing and completing small works to add value and cover finance costs. Commercial assets had new leases negotiated on better terms to Local Council.
• Portfolio sold for a net return on equity per annum of 45% after the Olympics decision was made

 

 

 

• Over 55’s housing
• 15-unit new build scheme
• Plus courtyard manager accommodation and a car port for each unit
• £8.5m GDV generated from 19,175 sq ft net saleable area (average £443 psf)
• No affordable housing requirement

 

 

 

• Commercial building over basement, ground and first floor with car park at rear
• Restructured existing lease to maximize return while obtaining planning
• Planning obtained for 14 flats plus two retail units with further potential, GDV circa £2.9m
• Investor decision to continue to hold